Quotes about market (1646 quotes, page 14)

“Liberals think their campaign against Wal-Mart is a way of introducing the subject of class into America's political argument, and they are more correct than they understand. Their campaign is liberalism as condescension. It is a philosophic repugnance toward markets, because consumer sovereignty results in the masses making messes. Liberals, aghast, see the choices Americans make with their dollars and their ballots and announce — yes, announce — that Americans are sorely in need of more supervision by... liberals.”

George Will (1941) American newspaper columnist, journalist, and author

Column, September 14, 2006, "Dems Vs. Wal-mart" http://www.jewishworldreview.com/cols/will091406.php3 at jewishworldreview.com.
2000s

Way , Understanding , Thinking

“ISIS has become quite a self-financing terrorist network with their theft of oil, selling it on the black market with their destruction and seizure of antiquities, selling that on the black market, with their taking over Mosul and raiding the banks. They’ve got a source of funding, so I don’t really know. But I know that the — that Saudi individuals have certainly funded other related terrorist groups over time and also exported a lot of Wahhabi radicalism by kicking out or sending out imams and teachers to set up schools and mosques to preach that particularly harsh brand of Islam. So the Saudis have a lot that they can do to both stop and then to help.”

Hillary Clinton (1947) American politician, senator, Secretary of State, First Lady

Presidential campaign (April 12, 2015 – 2016), Speech on fighting ISIS (November 20, 2015)

School , Teachers , Time , Help

“Over the years, many nations have made well-intentioned efforts to promote these goals. Yet the success of these efforts must be measured by more than intentions, they must be measured by results. My Nation has placed an insistence on results at the heart of our foreign assistance programs. We launched a new initiative called the Millennium Challenge Account, which directs our help to countries that demonstrate their ability to produce results by governing justly, and fighting corruption, and pursuing market-based economic policies, as well as investing in their people. Every country and institution that provides foreign assistance, including the United Nations, will be more effective by showing faith in the people of the developing world and insisting on performance in return for aid.”

George W. Bush (1946) 43rd President of the United States

2000s, 2008, Address to the United Nations General Assembly (September 2008)

People , World , Faith , Effort

“The lackluster nature of most multinational corporations emerging market strategies over the past decade does not change the magnitude of the opportunity. The real source of market promise is not the wealthy few in the developing world, or even the emerging middle-income consumers: It is the billions of aspiring poor who are joining the market economy for the first time.”

C.K. Prahalad (1941–2010) Indian academic

C. K. Prahalad & Stuart L Hart, cited in: Jeffrey E. Garten (2002), The Politics of Fortune: A New Agenda for Business Leaders, p. 125

World , Nature , Change , Time

“Anyone will be glad to admit that he knows nothing about beagling, or the Chinese stock market, or ballistics, but there is not a man or woman alive who does not claim to know how to cure hiccoughs.”

Robert Benchley (1889–1945) American comedian

"Stop Those Hiccoughs!", My Ten Years in a Quandary and How They Grew (1936)

“Let's begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system. This shift minimizes — indeed, deletes — the role of wealth in the economic and social system. And it sheds the adverse connotation going back to Marx. Instead of the owners of capital or their attendants in control, we have the admirably impersonal role of market forces. It would be hard to think of a change in terminology more in the interest of those to whom money accords power. They have now a functional anonymity.”

John Kenneth Galbraith (1908–2006) American economist and diplomat

"Free Market Fraud" http://www.thirdworldtraveler.com/Economics/FreeMarketFraudGalbraith.html, The Progressive (January 1999)

Money , Fashion , Thinking , Change

“Hector had always been known as a great shoemaker. In fact, customers from such far-off places as France claimed that Hector made the best shoes in the world. Yet for years, he had been frustrated with his small shoemaking business. Although Hector knew he was capable of making hundreds of shoes per week, he was averaging just 30 pairs. When a friend asked him why, Hector explained that while he was great at producing shoes, he was a poor salesman -- and terrible when it came to collecting payments. Yet he spent most of his time working in these areas of weakness.
So, Hector's friend introduced him to Sergio, a natural salesman and marketer. Just as Hector was known for his craftsmanship, Sergio could close deals and sell. Given the way their strengths complemented one another, Hector and Sergio decided to work together. A year later, this strengths-based duo was producing, selling, and collecting payment for more than 100 pairs of shoes per week -- a more than threefold increase.
While this story may seem simplistic, in many cases, aligning yourself with the right task can be this easy. When we're able to put most of our energy into developing our natural talents, extraordinary room for growth exists. So, a revision to the "You-can-be-anything-you-want-to-be" maxim might be more accurate.”

Tom Rath (1975) American author

StrengthsFinder 2.0, 2007
Source: Tom Rath, "The Fallacy Behind the American Dream," Business Journal, Feb. 8, 2007 (Excerpted from StrengthsFinder 2.0)

World , Shoe , Way , Business

“It serves to remind us that, in trying to explain the globalization of economic activity, we are dealing with the workings of a dynamic capitalist market system, and not just individual agents within it.”

Peter Dicken (1938) British geographer

Source: Global Shift (2003) (Fourth Edition), Chapter 7, Transnational Corporations, p. 202

“The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: (1776), Book I, Chapter XI, Part III, Conclusion of the Chapter, p. 292.

“Bosboom has just as anyone else fussed around things [paintings] from time to time to get his money. Only very few people can escape this... It is almost impossible that an artist who doesn't have the gift to work for the market as well, will always have to make good things. Because, when he has no money he has to earn it. And he will have to strain himself. For something he appreciates the least of all. He can never neglect this... The examples you can see everywhere. If you may write something about him [Bosboom] again, I hope you will take this into account too.”

George Hendrik Breitner (1857–1923) Dutch painter and photographer

translation from the original Dutch, Fons Heijnsbroek
version in original Dutch (citaat van zijn brief aan nl:Jan Veth, in het Nederlands:) Bosboom heeft net zoo goed als een ander wel eens dingen afgepeuterd om aan geld te komen. daar ontsnappen maar heel weinig menschen aan.. .Het is bijna onmogelijk dat een artist die niet de gaaf heeft om tegelijk voor de verkoop te werken altijd heeft goede dingen te maken. omdat hij als hij geen geld heeft het moet verdienen. En hij zich zal moeten inspannen. Voor iets waar hij minst voor voelt. Dat nooit nalaten kan.. .De voorbeelden zijn voor 't grijpen. Als je soms iets over hem mocht schrijven hoop ik dat je dit ook in aanmerking zult nemen.
quote of Breitner in a letter to Jan Veth, Amsterdam, Fall 1891; original text in RKD-Archive, The Hague https://rkd.nl/explore/excerpts/80
Jan Veth wrote an memorial on Johannes Bosboom, shortly after Bosboom's death
1890 - 1900

Money , People , Hope , Time

“The courage to press on regardless—regardless of whether we face calm seas or rough seas, and especially when the market storms howl around us—is the quintessential attribute of the successful investor.”

John Bogle (1929–2019)

Speech at the Trinity University Policymaker Breakfast Series, April 16, 2001 ( http://www.vanguard.com/bogle_site/sp20010416.html)

Courage , Success , Sea

“The Common Market. The so-called Common Market of six nations. Know them all well. Very recently this country spent a great deal of blood and treasure rescuing four of 'em from attacks by the other two.”

Clement Attlee (1883–1967) Former Prime Minister of the United Kingdom

Peter Hennessy, The Prime Minister: The Office and its Holders since 1945 (Penguin, 2001), p. 173.
Attlee's speech to a group of anti-Common Market Labour backbench MPs in 1967, as recalled by Douglas Jay to Peter Hennessy in 1983. This was Attlee's last ever speech.
Attributed

Country

“The economic betterment of a nation which is at a low level of intelligence and culture, or in which the population is small in relation to the extent and productivity of its territory, is best accomplished through free trade with highly cultivated, rich, and industrious nations. In the case of such a country every restriction of trade, intended to plant manufacturing industry within its borders, is premature and injurious, not only to the welfare of mankind in general, but to the progress of the nation itself. Only when the intellectual, political, and economic education of the nation has so far advanced as a result of free trade that its further progress would be checked and hindered by the import of foreign manufactures and the lack of a sufficient market for its own goods, can protective measures be justified.”

Friedrich List (1789–1846) German economist with dual American citizenship

Introduction, in Hirst (1909), p. 312
The National System of Political Economy (1841)

Education , Intelligence , Country

“Anyone would think paintings were made like speculations on the stock market, out of the frictions of ambitious young people… …it sharpens the mind, but clouds your judgement.”

Edgar Degas (1834–1917) French artist

Quote from The private lives of the Impressionists, Sue Roe, Harpen Collins Publishers, New York 2006, p. 34
quotes, undated

People , Thinking , Painting

“Writers after Coase have referred to the authority structure of the firm as a "visible hand" that works in combination with Smith's invisible hand. The everyday fact that employers exercise power over their employees — not news to most employees — had been a central theme in Marx's economics, but it was (and generally continues to be) overlooked by most neoclassical economists. Early in his studies Coase noted the similarity between the hierarchical organization of capitalist firms, with their reliance on command relations, and the then-existing system of centralized economic planning in the Communist countries, where production was carried out in accordance with orders from higher authorities and where market competition played little role.”

Samuel Bowles (1939) American economist

Source: Understanding Capitalism: Competition, Command, and Change, 2005, p. 85

Exercises , Study , Country

“Chaucer shares on the literary stock marker have been rising during the past ten years, owing chiefly to the enthusiasm, literary gifts and scholarship of an Oxford don, Nevill Coghill, and secondarily to the British Broadcasting Corporation. The fluctuations of the literary market are familiar to everyone; sometimes there is a fierce flutter in a virtually unknown commodity (like the John Donne boom in the twenties); occasionally an almost dead commodity bursts in new life (as in the Trollope boom of the forties); Foreign Moderns (Sartre, de Beauvoir, Camus, Sagan) are eagerly pushed but are apt to collapse suddenly, wiping out those critics who have invested too heavily in them; in the USA the Deep South and Proletarian Anguish are solid, though all else fluctuates unpredictably.”

Robertson Davies (1913–1995) Canadian journalist, playwright, professor, critic, and novelist

Review of the Canterbury Tales (1957).

Life , Past , Dead

“I am sorry, I do not think it is a good thing, because if you have opened up this market under such terms, what it implies is that other countries can put their products into our markets. Are you aware that all those advanced countries subsidize their exports? Subsidies are as high as 65 per cent. Now if you have globalized, and the others are subsidising their exports, to what position have you exposed the Indian dairy industry? You have declared dairy products under OGL”

Verghese Kurien (1921–2012) Indian founder of dairy-cooperative Amul

Open General License
Quote, The man who revolutionised white

Thinking , Country

“Kelly was aware that there is one type of favorable bet available to everyone; the stock market.”

William Poundstone (1955) American writer

Part One, Entropy, Minus Sign, p. 75
Fortune's Formula (2005)

“No child, I think, can walk through a common market or slaughter-house without receiving moral injury; nor am I quite sure that any virtuous adult can.”

William Alcott (1798–1859) American physician and author

Source: Vegetable Diet (1838), pp. 270-271

Thinking , Housing

“The resourcefulness of West African market women is well known, but it was put to petty purposes. The problem posed to capitalists and workers in Europe while making insecticide from African pyrethrum was one requiring that resourcefulness be expressed in a technical direction. But the problem posed to an African market woman by the necessity to make a penny more profit on every tin of imported sardines was resolved sometimes by a little more vigor, sometimes by a touch of dishonesty, and sometimes by resort to “juju."”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 365.

Women , Problem

“You feel chilled because you have no character. You’re a depressing assemblage of pop culture influences and cancelled emotions, driven by the sputtering engine of only the most banal form of capitalism. You spend your life feeling as if you’re perpetually on the brink of being obsolete — whether it’s labour market obsolescence or cultural unhipness. And it’s all catching up with you. You live and die by the development cycle. You’re glamorized drosophila flies, with the company regulating your life cycles at whim. If it isn’t a budget-driven eighteen-month game production schedule, it’s a five-year hardware obsolescence schedule. Every five years you have to throw away everything you know and learn a whole new set of hardware and software specs, relegating what was once critical to our lives to the cosmic slag heap.”

Douglas Coupland book JPod

JPod (2006)

Life , Feeling , Game , Learning

“The mark of a capitalistic society is that resources are owned and allocated by such nongovernmental organizations as firms, households, and markets. Resource owners increase productivity through cooperative specialization and this leads to the demand for economic organizations which facilitate cooperation. When a lumber mill employs a cabinetmaker, cooperation between specialists is achieved within a firm, and when a cabinetmaker purchases wood from a lumberman, the cooperation takes place across markets (or between firms). Two important problems face a theory of economic organization—to explain the conditions that determine whether the gains from specialization and cooperative production can better be obtained within an organization like the firm, or across markets, and to explain the structure of the organization.”

Armen Alchian (1914–2013) American economist

Source: Production, information costs, and economic organization. 1972, p. 777, Lead paragraph

Problem

“There's no chance that the iPhone is going to get any significant market share. No chance.”

Steve Ballmer (1956) American businessman who was the chief executive officer of Microsoft

CEO Forum: Microsoft's Ballmer having a 'great time', 2007-04-30, USA TODAY http://www.usatoday.com/money/companies/management/2007-04-29-ballmer-ceo-forum-usat_N.htm,
2000s

Chance

“It is absolutely impossible to reconcile free trade with trade unionism. You can have one or you can have the other, but you cannot have both; and I am glad to say that in saying that I have the support of a trade unionist with whom I have disagreed upon almost every other question, Mr. Keir Hardie…it is not only the consumer you have got to consider. The producer is of still more importance; and to buy in the cheapest market is not the sole duty of man, and it is not in the best interest of the working classes.”

Joseph Chamberlain (1836–1914) British businessman, politician, and statesman

Speech in Liverpool (27 October 1903), quoted in The Times (28 October 1903), p. 6.
1900s

Question , Support

“In this country, we believe everyone has something to contribute and deserves the opportunity to reach their God-given potential, from the boy whose descendents arrived on the Mayflower to the Latina daughter of migrant workers. We're all God's children, and we're all Americans. We believe -- we believe in low taxes, spending discipline, and open markets. We believe in rewarding hard work and risk-takers and letting people keep the fruits of their labor.”

John McCain (1936–2018) politician from the United States

2000s, 2008, (2008)

God , Children , People , Boy

“There is a multilayering of global networks in the key strategic activities that structure and destructure the planet. When these multilayered networks overlap in some node, when there is a node that belongs to different networks, two major consequences follow. First, economies of synergy between these different networks take place in that node: between financial markets and media businesses; or between academic research and technology development and innovation; between politics and media.”

Manuel Castells (1942) Spanish sociologist (b.1942)

The Rise of the Network Society, 1996

Business

“Microsoft fully understands it can't beat Apple, Amazon or Google by chasing them, but it can beat them if it both revisits its old embrace and extend strategy, and then pulls a Steve Jobs to change the market.”

Rob Enderle (1954) American financial analyst

Microsoft Build 2015: Final Thoughts http://itbusinessedge.com/blogs/unfiltered-opinion/microsoft-build-2015-final-thoughts.html in IT Business Edge (1 May 2015)

Understanding , Change

“They don't make poles long enough for me want to touch Microsoft products, and I don't want any mass-marketed game-playing device or Windows appliance near my desk or on my network. This is my workbench, dammit, it's not a pretty box to impress people with graphics and sounds. When I work at this system up to 12 hours a day, I'm profoundly uninterested in what user interface a novice user would prefer.”

Erik Naggum (1965–2009) Norwegian computer programmer

Re: Why lisp failed in the marketplace http://groups.google.com/group/comp.lang.lisp/msg/6dd13ffe0e273031 (Usenet article).
Usenet articles, Miscellaneous

People , Game , Box

“As was rightly pointed out by Karl Polanyi in the 1940s, the 19th century laissez-faire regime can be thought of as one in which society is forced to conform to the needs of the market mechanism. "Instead of the economy being embedded in social relations, social relations are embedded in the economic system" in this laissez-faire regime. However, it was precisely because of this that the system gradually disintegrated from the early 20th century into economic and social chaos. "Since society was made to conform to the needs of the market mechanism, imperfections in the functioning of that mechanism created cumulative strains on the body social."”

Eisuke Sakakibara (1941) Japanese economist and critic

The End of Market Fundamentalism (1999)

“It is impossible to restore what is gone, obviously. I was born in the Soviet Union at about the same time as you (although we lived under different systems, we still listened to the same music, as we found out) but the world has changed since then, and the Soviet Union no longer exists. We have the Russian Federation, which is based on a Constitution adopted by our people. This Constitution proclaims the same set of values that is accepted by the absolute majority of humankind, notably, the supremacy of human rights, democracy, the protection of private property, market-based development and so on and so forth. I won't list all of them because these are universal values. So nobody wants to go back. There is no returning to the past.”

Dmitry Medvedev (1965) Russian Prime Minister and former president

cnbc.com http://www.cnbc.com/id/102088768

People , World , Music , Democracy

“[T]here could be no guarantee in a free market that the interests of race or state as Hitler defined them would take priority over the interests of businessmen or consumers. After 1933 the role of the state in regulating and directing economic life increased sharply, first in order to encourage economic revival, then to divert economic resources to the growth of German military power… [which] led, in an unplanned, incremental way, to the establishment of a kind of command economy.”

Richard Overy (1947) British historian

Source: War and Economy in the Third Reich (1994), pp. 1–2

Life , Way

“To control the American market is to own America.”

Robert M. La Follette Sr. (1855–1925) American politician

"Fooling the People as a Fine Art", La Follette's Magazine (April 1918)

“Without a market in which allocations can be made in obedience to the law of supply and demand, it is difficult or impossible to funnel resources with respect to actual human preferences and goals.”

Tibor R. Machan (1939–2016) Hungarian-American philosopher

Liberty and Research and Development: Science Funding in a Free Society, Introduction chapter: “Some Skeptical Reflections on Research and Development”, Hoover Institution Press, Stanford University (2002) p. xiii http://media.hoover.org/documents/0817929428_xi.pdf

Law

“Once there ruled in the distant city of Wirani a king who was both mighty and wise. And he was feared for his might and loved for his wisdom. Now, in the heart of that city was a well, whose water was cool and crystalline, from which all the inhabitants drank, even the king and his courtiers; for there was no other well. One night when all were asleep, a witch entered the city, and poured seven drops of strange liquid into the well, and said, “From this hour he who drinks this water shall become mad.” Next morning all the inhabitants, save the king and his lord chamberlain, drank from the well and became mad, even as the witch had foretold. And during that day the people in the narrow streets and in the market places did naught but whisper to one another, “The king is mad. Our king and his lord chamberlain have lost their reason. Surely we cannot be ruled by a mad king. We must dethrone him.” That evening the king ordered a golden goblet to be filled from the well. And when it was brought to him he drank deeply, and gave it to his lord chamberlain to drink. And there was great rejoicing in that distant city of Wirani, because its king and its lord chamberlain had regained their reason.”

Khalil Gibran (1883–1931) Lebanese artist, poet, and writer

The Madman (1918)

Love , Wisdom , People , Fear

“Should the United States seek so-called energy independence in an elusive effort to insulate this country from the impact of world events on the economy, or should Americans pursue the path of international engagement, seeking ways to better compete within the global market for energy? Like the Council's founders, I believe we must choose the course of greater international engagement … The central reality is this: The global free market for energy provides the most effective means of achieving U. S. energy security by promoting resource development, enabling diversification, multiplying our supply channels, encouraging efficiency, and spurring innovation.”

Rex Tillerson (1952) 69th United States Secretary of State

Addressing the Council on Foreign Relations (March 2007), as quoted in "Mr. Exxon Goes to Washington (Maybe)" by Liam Dennining, in Bloomberg Gadfly https://www.bloomberg.com/gadfly/articles/2016-12-07/rex-tillerson-secretary-of-state-what-it-would-mean

World , Way , Reality , Effort

“The relevant fact about the history of the British Isles and above all of England is its separateness in a political sense from the history of continental Europe. The English have never belonged to it and have always known that they did not belong. The assertion contains no element of paradox. The Angevin Empire contradicts it as little as the English claim to the throne of France; neither the possession of Gascony nor the inheritance of Hanover made Edward I or George III anything but English sovereigns. When Henry VIII declared that 'this realm of England is an empire (imperium) of itself', he was making not a new claim but a very old one; but he was making it at a very significant point of time. He meant—as Edward I had meant, when he said the same over two hundred years before—that there is an imperium on the continent, but that England is another imperium outside its orbit and is endowed with the plenitude of its own sovereignty. The moment at which Henry VIII repeated this assertion was that of what is misleadingly called 'the reformation'—misleadingly, because it was, and is, essentially a political and not a religious event. The whole subsequent history of Britain and the political character of the British people have taken their colour and trace their unique quality from that moment and that assertion. It was the final decision that no authority, no law, no court outside the realm would be recognised within the realm. When Cardinal Wolsey fell, the last attempt had failed to bring or keep the English nation within the ambit of any external jurisdiction or political power: since then no law has been made for England outside England, and no taxation has been levied in England by or for an authority outside England—or not at least until the proposition that Britain should accede to the Common Market.”

Enoch Powell (1912–1998) British politician

Speech to The Lions' Club, Brussels (24 January 1972), from The Common Market: Renegotiate or Come Out (Elliot Right Way Books, 1973), pp. 49-50
1970s

People , Law , History , Decision

“We need to recognise that the entire information sector—from music to newspapers to telecoms to internet to semiconductors and anything in-between—has become subject to a gigantic market failure in slow motion. A market failure exists when market prices cannot reach a self-sustaining equilibrium. The market failure of the entire information sector is one of the fundamental trends of our time, with far-reaching long-term effects, and it is happening right in front of our eyes.”

Eli Noam (1946) professor of Finance and Economics at the Columbia Business School

Eli Noam in: " Eli Noam: Market failure in the media sector http://www.citi.columbia.edu/elinoam/FT/2-16-04/MarketFailure.htm" at news.ft.com, February 16 2004
The context of this quote was a digression on the media, telecommunication, information technology, and internet industries.

Music , Failure , Time

“We assume…that the banking system must be prepared to expand (or contract) the total supply of money to the extent necessary to prevent any scarcity (or plenty) of funds in the capital market which may be induced by any other disturbing factor, from causing a rise (or fall) in interest rates”

James Meade (1907–1995) British economist

James Meade (1951), The theory of international economic policy, Vol. 1, p. 48; as cited in: Jacques Jacobus Polak (2001) The Two Monetary Approaches to the Balance of Payments, p. 13

Money

“Some say the Internet is for porn; but you know that in truth the Internet is for spam. As communication technologies got cheaper, the cost of grabbing a megaphone and jamming it up against the aching ear-drums of an advertising-jaded public collapsed: Meanwhile, the content-is-king mantra of the monetization mavens gridlocked the new media in an advertising-supported business model. The great and the good of the Academy have been fighting a losing battle against the Anglo-Saxon hucksterization model for the past thirty years: But the sad truth is that the battle’s lost. The tide of war was turned in Beijing and New Delhi, when the rapidly industrializing new superpowers climbed on the MAKE MONEY FAST band-wagon and gave free rein to the free market, red in tooth and claw—just as long as the sharp bits were directed outwards. And today the entire world is still drowning in a sea of attention-grabbing unregulated unethical untruthful spamvertising.”

Charles Stross book Rule 34

Source: Rule 34 (2011), Chapter 13, “Kemal: Spamcop” (pp. 154-155)

Money , War , Truth , World

“If it's some style, especially some shrink-wrapped thing hanging on a wall at Toys 'R' Us, then it won't live, it won't be dynamic … It becomes exactly what the marketing people want — a genre, something to make their job easier. But if it's something like, "Everybody's telling me the wall's over there, but I'm going to push against it and see if it's really there"”

Mike Watt (1957) musician, songwriter

to me, that's what punk is. An idealistic attitude.
watt bio (2005)

People

“Yeah just so back to being Governor of New Mexico. I vetoed a bill that I think the label of the bill was Bringing Competition to the Telecommunications Industry of New Mexico… I vetoed it because the reality was that was the title but the reality was just the opposite. It was gonna actually make the environment less competitive. It was going to empower Quest communications to have more of a monopoly they it all ready had. That wasn’t the label of the bill. So net neutrality the notion is that it’s going to create a freer environment when the reality is.. is there really an issue now? And if you get government involved in getting its nose in the tent isn’t this ultimately gonna make things a lot worse and cost us a lot more than just doing nothing? So all of my free market friends, all of my computer savvy people that are advising me, say that net neutrality is anything but. All of what’s it supposed to accomplish that actually by supporting it you’re creating the opposite.”

Gary Johnson (1953) American politician, businessman, and 29th Governor of New Mexico

Statement made to representatives of the Pagan Newswire Collective (PNC)
2011-10-16
http://www.patheos.com/blogs/paganswithdisabilities/2011/10/full-transcript-of-qa-with-presidential-candidate-gary-johnson/
2012-02-24
2011

People , Communication , Support , Thinking

“Beating the market is a zero-sum game for investors. Money managers, as a group, must provide the market return… But that return comes only before their exorbitant fees, operating expenses, and portfolio turnover costs are deducted. The zero-sum game before costs becomes a loser’s game after costs.”

John Bogle (1929–2019)

Gilbert Lecture, Princeton University, Feb 21, 2013

Money , Game

“One way or another, the question whether Britain remains a free nation or becomes the vassal of a totalitarian Europe will be settled soon, and those who oppose our further integration would do well to remember, and proclaim as widely and as loudly as possible, the unashamed dishonesty that has characterised the pro-European movement from the beginning. Not since Lenin and Hitler cast their obscene spells has there been a political campaign so blatantly deceitful. In 1972 we were assured it was merely a Common Market, and that no political union could be envisaged: it is now shamelessly admitted that this was untrue, that political union was the aim from the start.”

George MacDonald Fraser (1925–2008) English-born author of Scottish descent

The Europe Fiasco. p. 71.
The Light's On At Signpost (2002)

Way , Question

“The forms of social organization produced the market, not the reverse… Instead of markets calling forth efficient forms of social organization, political and social interactions produced the structuring of sociologically effective markets.”

Neil Fligstein (1951) American sociologist

Source: The transformation of corporate control, 1993, p. 300

“The future of marketing belongs to honest information, accurate data and clear claims based on truth.”

Patrick Dixon book Building a Better Business

Building a Better Business (2005)

Truth , Future

“On Miss World (BBC 1) Patrick Lichfield and Sacha Distel helped herd the beef. Even further down-market, The Royal Variety Performance (BBC 1) was hosted by Max Bygraves, who tried the time-honoured gimmick of singing the finale at the start. 'And if you doan like our finish / You doan have to stay for the show.”

Clive James (1939–2019) Australian author, critic, broadcaster, poet, translator and memoirist

Thanks. Click.
'The Truly Strong Man'
Essays and reviews, The Crystal Bucket (1982)

World , Singing , Time , Help

“Empirical research does not, as of yet, seem to have legitimately gotten anyone 100 percent of the way to libertarianism; there remain, at the very least, some public goods and, in principle, the need for economic redistribution. Libertarian philosophy fills the gap between what free-market economists can prove about the undesirable consequences of government intervention and the absolute prohibition of all intervention. Consequentialist and nonconsequentialist arguments for libertarianism may be antithetical in principle, but they are symbiotic in practice.”

Jeffrey Friedman (political scientist) (1959) American political scientist

Source: “What’s wrong with Libertarianism”, p. 444

Way

“It is because prices are stable, and are perceived by agents to be in equilibrium, that the task facing market institutions is less daunting in this respect. However, market institutions may still have many other functions, such as providing information regarding quality and the location of potential buyers and sellers, and regulating both the product and the entrants to the market. In fact, a crucial function may be more subtle; by ordering trade under the aegis of some institution, the price and quality of the product may be legitimized at its given level. There is a kind of stamp of institutional approval which may contribute in a powerful manner to the emergence of price norms…..”

Geoffrey Hodgson (1946) British economist

Source: Economics and Institutions, 1988, p. 185-6

“…free market is a market in which groups and individuals are differently represented. Parity in prosperity and performance between differently able individuals and groups can be achieved only by playing socialist leveler.”

Ilana Mercer South African writer

"Apartheid South Africa: Reality vs. Libertarian Fantasy" http://praag.org/?p=12425, Praag.org, December 20, 2013.
2010s, 2013

“We all know India has a huge competitive advantage -- we have the largest arable land, focused sunshine, sensible utilisation of water in 30% of land. The question is what should we do to make the US market -- the most difficult market in the world -- accept our produce. For that, we need traceability. It is a simple technology, which we are giving the farmers. It needs certification and verification processes -- to us it is like a process plant. You can then get the output, sort it and grade it.”

Mukesh Ambani (1957) Indian business magnate

Mukesh Ambani on retail and SEZ plans

World , Question , Water

“Racism is simply an ugly form of collectivism, the mindset that views humans only as members of groups and never as individuals. Racists believe that all individuals who share superficial physical characteristics are alike; as collectivists, racists think only in terms of groups. By encouraging Americans to adopt a group mentality, the advocates of so-called 'diversity' actually perpetuate racism. Their intense focus on race is inherently racist, because it views individuals only as members of racial groups. Conservatives and libertarians should fight back and challenge the myth that collectivist liberals care more about racism. Modern liberalism, however, well-intentioned, is a byproduct of the same collectivist thinking that characterizes racism. The continued insistence on group thinking only inflames racial tensions. The true antidote to racism is liberty. Liberty means having a limited, constitutional government devoted to the protection of individual rights rather than group claims. Liberty means free-market capitalism, which rewards individual achievement and competence, not skin color, gender, or ethnicity. In a free market, businesses that discriminate lose customers, goodwill, and valuable employees- while rational businesses flourish by choosing the most qualified employees and selling to all willing buyers. More importantly, in a free society every citizen gains a sense of himself as an individual, rather than developing a group or victim mentality. This leads to a sense of individual responsibility and personal pride, making skin color irrelevant. Rather than looking to government to correct what is essentially a sin of the heart, we should understand that reducing racism requires a shift from group thinking to an emphasis on individualism.”

Ron Paul (1935) American politician and physician

What Really Divides Us https://web.archive.org/web/20120127094927/http://www.ronpaularchive.com/2002/12/what-really-divides-us/ (23 December 2002).
2000s, 2001-2005

Color , Understanding , Business , Thinking

“The second part of the New Right's policy package has been the belief that free-market solutions are always best. It is this latter view which is profoundly mistaken. Markets and profits are crucial, but the pure free-market model itself is deeply flawed.”

Paul Ormerod book The Death of Economics

Part I, Chapter 3, The Roots of Economic Orthodoxy, p. 65
The Death of Economics (1994)

Parting

“In my own household, for example, an electric refrigerator has been in service for nineteen years, with only a single minor repair: an admirable job. Both automatic refrigerators for daily use and deepfreeze preservation are inventions of permanent value. Though one cannot bestow any such unqualified commendation upon the design of the contemporary motor car, one can hardly doubt that if biotechnic criteria were heeded, rather than those of market analysts and fashion experts, an equally good product might come forth from Detroit, with an equally long prospect of continued use.”

Lewis Mumford book The Myth of the Machine

Megatechnic Costs and Benefits
The Myth of the Machine (1967-1970), The Pentagon of Power (1970)

Cars , Fashion

“The hybrid frustrates the purpose of creation. All things, we are told according to Genesis, were created with their seed in themselves, destined to be fertile. Hybridization seeks to improve God’s work. It seeks to gain the best of two diverse but somewhat related things. The result is a limited advantage but a long range launched including sterility. Second, these laws clearly require a respect for God’s creation. We are not to change one kind into another, or to attempt it. All things we are told were created good. Now when we hold to evolution we cannot see all things as created good. Because evolution is the survival of the fittest, and the best you can say about anything is that it is the fittest. Not that it is the best, not that it is morally the most desirable thing. And though it has survived thus far it may not survive in the next ten thousand years, so that man for example, we are told may be a mistake. Thus we cannot under an evolutionary perspective see all things as created good. But man under God has been created good and the world around him has been created good. Man can kill and eat plants and animals to use this creation under God’s law. But he cannot tamper with it, he cannot hybridize; which is to violate God’s kind. And the penalty for it, of course, is sterility. You can cross a horse and a donkey, but the mule is sterile. You can put all kinds of new variety of squash and carrots and the like on the market, but the penalty for these is sterility. They will not produce a seed. And while they will have certain advantages --the mule has certain advantages over the horse-- they have marked disadvantages, and a greater frailty, sensitivity, nervousness (as with the mule), so that they are a real handicap.”

Rousas John Rushdoony (1916–2001) American theologian

Audio lectures, Hybridization and the Law (n. d.)

God , World , Law , Penalty

“Egoism and altruism are ideas we have about human nature. Historically, one has tended to arise in response to the other. In the ancient world, for example, it is generally in the times and places that one sees the emergence of money and markets that one also sees the rise of world religions—Buddhism, Christianity, and Islam. If one sets aside a space and says, "Here you shall think only about acquiring material things for yourself," then it is hardly surprising that before long someone else will set aside a countervailing space and declare, in effect: "Yes, but here we must contemplate the fact that the self, and material things, are ultimately unimportant."”

David Graeber (1961) American anthropologist and anarchist

Army of Altruists (2007)

Money , World , Religion , Idea

“Steve Jobs set Carly Fiorina up over a decade ago. He used compliments and empty promises to make sure HP never brought to market an iPod competitor and, while it isn't certain that HP would have been successful, had it been, Apple likely wouldn't be around today, and Fiorina lost her job partially as a result of that scam.”

Rob Enderle (1954) American financial analyst

Free Anti-Phishing Training from Sacha Baron Cohen http://itbusinessedge.com/blogs/unfiltered-opinion/free-anti-phishing-training-from-sacha-baron-cohen.html in IT Business Edge (17 July 2018)

Success

“The "cumulative effects" of unbridled commercialism, however difficult to assess, constitute one key to the impact of growing up in the core of the world's marketing system. Minimally, it suggests unpreparedness for, and lack of interest in, the world that exists outside the shopping mall.”

Herbert Schiller (1919–2000) American media critic

Source: Living In The Number One Country (2000), Chapter Six, In the Core Of power, p. 171

World

“The orders resting on BATS were typically just the 100-share minimum required for an order to be at the front of any price queue, as their only purpose was to tease information out of investors. The HFT firms posted these tiny orders on BATS—orders to buy or sell 100 shares of basically every stock traded in the U. S. market—not because they actually wanted to buy and sell the stocks but because they wanted to find out what investors wanted to buy and sell before they did it. BATS, unsurprisingly, had been created by high-frequency traders.”

Michael Lewis book Flash Boys

Source: Flash Boys (2014), p. 73

“The free market in ideas has never been free, but always a market. To undo this necessitates not commissars and censors but critical intelligence loyal to an objective notion of truth. If there is a repressive tolerance, then there is also a liberating intolerance.”

Russell Jacoby (1945) American historian

Source: Social Amnesia: A Critique of Conformist Psychology from Adler to Laing (1975), p. xvii

Truth , Intelligence , Idea

“If our society ever opted for Orwell’s Big Brother approach, the instrument of choice for oppression would have to be the credit wake. In a totally noncash economy with only a vestigial barter black market, a person’s activities could be tracked in real time by monitoring the credit wake of his or her universal card. There were strict laws protecting card privacy but laws had a bad habit of being ignored or abrogated when societal push came to totalitarian shove.”

Dan Simmons book Hyperion

Source: Hyperion (1989), Chapter 5 (p. 345)

Law , Universe , Time , Personality

“Behind their fluffy rhetoric about free trade and free markets lurks a hostility toward freedom for ordinary people — and a love affair with police and prisons.”

David McNally (1953) Canadian political scientist

Source: Another World Is Possible : Globalization and Anti-capitalism (2002), Chapter 2, Globalization - It's Not About Free Trade, p. 52

Love , Hostility , People , Freedom

“Eliminate all forms of monopolistic market power, to include the breakup of large oligopolistic corporations and application of anti-trust laws to labor unions. A Federal incorporation law could be used to limit corporation size and where technology required giant firms for reasons of low cost production the Federal government should own and operate them… Promote economic stability by reform of the monetary system and establishment of stable rules for monetary policy… Reform the tax system and promote equity through income tax… Abolish all tariffs… Limit waste by restricting advertising and other wasteful merchandising practices.”

Henry Calvert Simons (1899–1946) American economist

A Positive Program for Laissez Faire, (1934)

Law

“In a capitalist democracy there are essentially two methods by which social choices can be made: voting, typically used to make ‘political’ decisions, and the market mechanism, typically used to make ‘economic’ decisions. In the emerging democracies with mixed economic systems Great Britain, France, and Scandinavia, the same two modes of making social choices prevail, though more scope is given to the method of voting and to decisions based directly or indirectly on it and less to the rule of the price mechanism. Elsewhere in the world, and even in smaller social units within the democracies, the social decisions are sometimes made by single individuals or small groups and sometimes (more and more rarely in this modern world) by a widely encompassing set of traditional rules for making the social choice in any given situation, for example, a religious code.”

Kenneth Arrow (1921–2017) American economist

Source: 1950s-1960s, Social Choice and Individual Values (1951), p. 1: Opening pharagraph

World , Democracy , Decision

“…evidence-based approach, the U. S. negotiators argued, is interference with free markets, because corporations must have the right to deceive. […] The claim itself is kind of amusing, I mean, even if you believe the free market rhetoric for a moment. The main purpose of advertising is to undermine markets. If you go to graduate school and you take a course in economics, you learn that markets are systems in which informed consumers make rational choices. That's what's so wonderful about it. But that's the last thing that the state corporate system wants. It is spending huge sums to prevent that, which brings us back to the viability of American democracy. For many years, elections here, election campaigns, have been run by the public relations industry and each time it's with increasing sophistication. And quite naturally, the industry uses the same technique to sell candidates that it uses to sell toothpaste or lifestyle drugs. The point is to undermine markets by projecting imagery to delude and suppressing information, and similarly, to undermine democracy by the same method, projecting imagery to delude and suppressing information. The candidates are trained, carefully trained, to project a certain image. Intellectuals like to make fun of George Bush's use of phrases like “misunderestimate,” and so on, but my strong suspicion is that he's trained to do that. He's carefully trained to efface the fact that he's a spoiled frat boy from Yale, and to look like a Texas roughneck kind of ordinary guy just like you, just waiting to get back to the ranch that they created for him…”

Noam Chomsky (1928) american linguist, philosopher and activist

25th anniversary of the International Relations Center in Santa Fe, New Mexico, January 26, 2005
Quotes 2000s, 2005

School , Guy , Democracy , Boy

“Words are the currency of love and friendship, of making and marketing, of peace and war. Nations are bound and loosed by them. Three or four simple words can move waves of emotion through the hearts of multitudes like great tides of the sea: "Lest we forget."”

Stanley Baldwin (1867–1947) Former Prime Minister of the United Kingdom

"Patriotism is not enough."
Speech at his inauguration as Lord Rector of The University of Edinburgh (6 November 1925), quoted in On England, and Other Addresses (1926), p. 78.
1925

Love , Friendship , War , Peace

“But as a matter of fact the idea of an integrated Europe is historically looking backward, and not forward. The noble Viscount was looking at the Holy Roman Empire. We never belonged to the Holy Roman Empire, and we never belonged to the reactionary organisation after 1815. We have always looked outward, out to the New World; and to-day we look out to the New World, and to Asia and Africa. I think that integration with Europe is a step backward. By all means let us get the greatest possible agreement between the various continents, but I am afraid that if we join the Common Market we shall be joining not an outward-looking organisation, but an inward-looking organisation. I think that Germany, for instance, which has probably the most powerful influence in the organisation, will not escape from looking at what she thought she was going to gain, and what she has lost. I do not think we have a new look there. I think that by marrying into Europe we are marrying a whole family of ancient prejudices and ancient troubles, and I would much rather see an Atlantic organisation. I would much rather work for the world organisation.”

Clement Attlee (1883–1967) Former Prime Minister of the United Kingdom

Speech http://hansard.millbanksystems.com/lords/1962/nov/08/britain-and-the-common-market in the House of Lords on the British application to join the Common Market (8 November 1962).
1960s

World , Family , Idea , Thinking

“The dilemma of a socialized system is that the information flow overwhelms a centralized system if it is open to new ideas and data, that closing the system and forcing the plan to work forecloses alternatives and risks unhedged mistakes, and that decentralizing without real markets poses the problems discussed by Hayek. These information problems permeate virtually all economic processes.”

Sidney G. Winter book An Evolutionary Theory of Economic Change

Richard Nelson and Sidney Winter, An Evolutionary Theory of Economic Change (1982), p. 365

Idea , Problem

“We shall here define the market as a set of social institutions in which a large number of commodity exchanges of a specific type regularly take place, and to some extent are facilitated and structured by those institutions. Exchange as defined above, involves contractual agreement and the exchange of property rights, and the market consists in part of mechanisms to structure, organize and legitimate these activities. Markets, in short, are organized and institutionalized exchange. Stress is placed on those market institutions, which help to both regulate and establish a consensus over prices and, more generally, to communicate information regarding products, prices, quantities, potential buyers and potential sellers.”

Geoffrey Hodgson (1946) British economist

Source: Economics and Institutions, 1988, p. 174

Communication , Help , Parting

“Politics in this country are dominated by debates about our relationship with Europe and the Eurocentralism that goes with that. I am firmly an internationalist, so I am not necessarily opposed to Europe. However, I am opposed to a fortress Europe that basically creates wealth for itself at the expense of the world, creates an undemocratic control of government for the whole of Europe, and, in truth, works only for the good of multinational corporations and banking systems. It will cause further imbalances in world poverty and world trade arrangements. I view the free market of 1992 not as an opportunity, but as a disaster for very many people throughout the world. I believe that Europe will contribute to the economic problems of the world. I do not agree with the sort of racist nonsense that has been published in the Sun and other newspapers during the past few weeks. It is a disgusting way to report matters. However, I believe that the drive towards a market economy in Europe will create poverty on the rims of Europe and an inner-colonialism in which western Europe will act as a sort of colonial master for eastern Europe and much of the rest of the world. It is about time that we began to take an international and global view rather than shut ourselves into a Europe that does not act in a socially just and reasonable manner. I hope that the debate will now begin to turn on those matters.”

Jeremy Corbyn (1949) British Labour Party politician

Speech http://hansard.millbanksystems.com/commons/1990/nov/07/first-day in the House of Commons (7 November 1990).
1990s

People , Truth , World , Hope

“Under central planning neither planners, managers, nor workers had incentives to promote the social economic interest. Nor did impeding markets for final goods to the planning system enfranchise consumers in meaningful ways. But central planning would have been incompatible with economic democracy even if it had overcome its information and incentive liabilities. And the truth is that it survived as long as it did only because it was propped up by unprecedented totalitarian political power.”

Robin Hahnel (1946) American economist

Robin Hahnel, The ABC's of Political Economy, (2002) London: Pluto Press. p. 262.

Truth , Way , Democracy

“The circular-flow diagram offers a simple way of organizing the economic transactions that occur between households and firms in the economy. The two loops of the circular-flow diagram are distinct but related. The inner loop represents the flows of inputs and outputs. The households sell the use of their labor, land, and capital to the firms in the markets for the factors of production. The firms then use these factors to produce goods and services, which in turn are sold to households in the markets for goods…”

N. Gregory Mankiw (1958) American economist

N. Gregory Mankiw, Brief Principles of Macroeconomics. 2011, p. 24-25
2000s -

Way

“Like chewing gum or hair gel, water [according to the World Bank and IMF] is to be sold by the private sector at market rates. The needs of the people are all that's left out of this equation…. [A] World Bank document cites the "willingness to pay" on the part of the people in Ghana as evidence of their recognition of the "health benefits" of drinkable water. It's amazing, isn't it, how people are "willing" to pay huge amounts for things that they need in order to survive!”

Linda McQuaig (1951) journalist and author

All You Can Eat: Greed, Lust and the New Capitalism (2001)

People , Health , World , Water

“If you want to understand financial markets, and their effects on the economy, you have to understand the trading game. Many short-term price movements are neither random nor caused by economic fundamentals. They're caused by investors buying and selling.”

Aaron C. Brown (1956) American financial analyst

Source: The Poker Face of Wall Street (2006), Chapter 1, The Art of Uncalculated Risk, p. 12

Game , Understanding

“In the recent past, wolves were labeled a flagship species or an umbrella, indicator, or keystone species, depending on what conservation market one was trying to penetrate… A flagship species is an attraction to nearly all society's strata, but wolves are not welcomed by all factions of society. With a few rare exceptions, the rural world opposes wolves, so the animal's flagship role is restricted primarily to urbanites or to local areas. Wolves are certainly a powerful flagship species for the conservation movement, particularly that of affluent societies with strong lobbies in large cities, but a true flagship species should be able to move an entire society toward a goal.
Neither are wolves a good umbrella species (i. e., a species, usually high in the ecological pyramid, whose conservation necessarily fosters that of the rest of the chain) in that they can live well on a variety of food resources and in areas with an impoverished prey base. Wolves are not a keystone species either, in that they are not essential for the presence of many other species (e. g., herbivores flourish in areas devoid of wolves). And wolves are not necessarily indicators of good habitat quality or integrity because they are too generalist to be good indicators of the presence of a pristine trophic chain.
The above labels have been very useful in many circumstance and have contributed significantly to wolf recovery. They may still be useful in the future, but we should be aware that they are shortcuts to "sell a product" rather than good scientific grounds on which to build conservation.”

L. David Mech (1937) American Biologist , Ecologist

Wolves: Behavior, Ecology and Conservation (2003)

World , Food , Strong , Wolf

“A leading firm that controlled a large portion of the output of a given organizational field operated as a price setter. To set prices, the actors in that firm had to control their suppliers and marketing in order to increase their own efficiency and have the potential to cut off other firms from supplies or customers.”

Neil Fligstein (1951) American sociologist

Source: The transformation of corporate control, 1993, p. 89

“If valuation in the financial markets provides the bottom line for the performance of the company, it is labor that remains the source of productivity, innovation, and competitiveness.”

Manuel Castells (1942) Spanish sociologist (b.1942)

Source: The Internet Galaxy - Reflections on the Internet, Business, and Society (2001), Chapter 3, e-Business and the New Economy, p. 90

“Generations of Americans will pay the Republican campaign debt to the energy industry with global instability, depleted national coffers and increased vulnerability to price shocks in the oil market. They will also pay with reduced prosperity and quality of life at home. Pollution from power plants and traffic smog will continue to skyrocket. Carbon-dioxide emissions will aggravate global warming. Acid rain from Midwestern coal plants has already sterilized half the lakes in the Adirondacks and destroyed the forest cover in the high peaks of the Appalachian range up into Canada. The administration's attacks on science and the law have put something even greater at risk. Americans need to recognize that we are facing not just a threat to our environment but to our values, and to our democracy.”

Robert Francis Kennedy, Jr. (1954) American activist

In "Crimes against nature" in Rolling Stone magazine (11 December 2003).

Life , Law , Democracy , Home

“With uncertainty in oil markets, a buildup of speculative pressures and the large U. S. current account deficit, there is a real possibility that Paulson's crisis-management skills will be tested.”

Lawrence H. Summers (1954) Former US Secretary of the Treasury

David Ignatius (May 31, 2006) "Watching the Yellow Flags", The Washington Post, p. A19.
2000s

“Arise, go! Sell all you possess. Give it directly, personally to the poor. Take up My cross (their cross) and follow Me, going to the poor, being poor, being one with them, one with Me.Little, be always little, simple, poor, childlike.Preach the Gospel with your life, without compromise. Listen to the Spirit; He will lead you.Do little things exceedingly well for love of Me.Love, love, love, never counting the cost.Go into the market place and stay with Me. Pray, fast. Pray always: fast.Be hidden. Be a light to your neighbor's feet. Go without fears into the depth of men's hearts. I shall be with you.Pray always. I will be your rest.”

Catherine Doherty (1896–1985) Religious order founder; Servant of God

"The Little Mandate" (c. early 1930s)

Love , Life , Men , Fear

“In figure 3 we show the money and domestic asset market equilibrium schedules for given stocks of each of the assets. Along MM the domestic money market is in equilibrium. Higher interest rates reduce money demand so that equilibrium requires a depreciation and thus a rise in the domestic currency value of foreign assets and - hence wealth. The exchange rate thus plays a balancing role by affecting the valuation of assets.”

Rudiger Dornbusch (1942–2002) German economist

Source: Open economy macroeconomics, 1980, p. 14

Money , Wealth

“Despite declining catches, New England fishermen continue to receive state and federal tax incentives that encourage them — in some cases all but compel them — to acquire bigger boats and to harvest the seas more intensively. Today the fishermen of Massachusetts are reduced to fishing the hideous hagfish, for which there is a slight market in the Far East, but even their numbers are now falling.”

Bill Bryson book A Short History of Nearly Everything

Page 285
A Short History of Nearly Everything (2003)

Fish , Sea

“I think the Canadian people have a right to know: Why, when your primary objective was to get unfettered and secure access into the American Market we didn't get it. Why you didn't put clauses in to protect our social programs in this negotiation we'll have on the definition of subsidies where the heavy weight of the American Republic will be put in against us. Why did that not happen? Why also, did we get a situation where we surrendered our Energy policy to the United States, something which they'd been trying to achieve since 1956? Why did we abandon our farmers? Why did we open our Capital Markets so that a Canadian Bank can be bought up and we don't have reciprocal rights into the American Market at all? And why did you remove any ability to control the Canadian ownership of our businesses? These are questions that Canadians deserve to have an answer to, and we have not had an opportunity in six hours to deal with them in a way that would make you come out of your shell!”

John Turner (1929) 17th Prime Minister of Canada

People , Way , Question , Business

“The criticality of a resource can be measured as the ability of an organization to function in the absence of the resource or in the absence of the market for the output.”

Jeffrey Pfeffer (1946) American academic

Source: The External Control of Organizations, 1978, p. 46

“In our work in fast- changing markets, we often see that time pacing helps managers avert the danger of changing too infrequently. By setting a regular pace for change, managers avoid becoming locked into old patterns and habits.”

Shona Brown (1960) businessperson

Source: Competing on the Edge, 1998, p. 67

Change , Time , Help

“A market is a group of buyers and sellers of a particular good or service. The buyers as a group determine the demand for the product, and the sellers as a group determine the supply of the product. Markets take many forms. Some markets are highly organized, such as the markets for many agricultural commodities. In these markets, buyers and sellers meet at a specific time and place, where an auctioneer helps set prices and arrange sales. More often, markets are less organized.”

N. Gregory Mankiw (1958) American economist

Source: Principles of Economics (1998-), Ch. 4. The Market Forces of Supply and Demand; p. 66

Time , Help

“They first sallied forth in a body of about 500 persons to attack the market place of the village known as Poorwa, where they slaughtered a cow. With the blood of the animal they defiled a Hindu temple. Then they hung up the four quarters (of the cow) in the different parts of the market place. They maltreated and wounded an unfortunate Brahmin and threatened to make him a Muslim… The village of Laoghatty in the Nadia district was their next object attack. Here they commenced operations by the repetition of the same outrage to the religious feelings of the Hindus which they had committed at Poorwa, viz, the slaughter of a cow in that part of the village exclusively occupied by Hindu residents. But being opposed by Hardeb Ray, a principal inhabitant of the village, and a Brahmin, at the head of a party of villagers, an affray ensued in which one Debnath Ray was killed and Hardeb Ray and a number of villagers were severely wounded… Titu’s party went on increasing and with growing confidence they went on killing cows in different places, making raids on the neighbouring villages, forcing from the raiyats agreements to furnish grain, compelling many of them to profess conformity to the tenets of their sect… They openly proclaimed themselves masters of the country, asserting that the Mussalmans from whom the English usurped it, were the rightful owners of the empire… The rebels issued parwanas to the principal zamindars of the district. Their tenor was as follows: “This country is now given to our Deen Mohammed. You must, therefore, immediately send grain to the army.’ In a written report the magistrate of Nadia states that a paper written in Bengali and signed in Arabic characters, was put into his hand, purporting to be an order of Allah to the Pal Chowdhuries of Ranaghat to supply russud (rations) to the army of fakirs who were about to fight with the government.”

Titumir

About the exploits of Titumir. Narahari Kaviraj, Wahabi And Faraizi Rebels of Bengal, New Delhi, 1982, Pp. 37-38, 43-44, 50-51. Quoted in Goel, Sita Ram (1995). Muslim separatism: Causes and consequences. ISBN 9788185990262

Feeling , Confidence , Animals , Fight

“Corruption is government intrusion into market efficiencies in the form of regulations.”

Milton Friedman (1912–2006) American economist, statistician, and writer

Frequently misattributed to Milton Friedman based on a monologue from the 2005 movie Syriana
Misattributed

“Since the late 1960s macroeconomic debates in the United States have centered on the competing interpretations of the new classical and new Keynesian macroeconomics. The initial new classical model developed in the early 1970s by Robert E. Lucas, Jr., combined market-clearing, imperfect information, and rational expectations. After much testing, it was eventually rejected in the late 1970s for failing to explain why business cycles lasted on average four years while information delays lasted only a few weeks. It was soon replaced by a second new classical approach, the Real Business Cycle (RBC) model, which was also based on continuous market clearing and competitive equilibrium, but now generated the business cycle through serially correlated procyclical technology shocks.”

Robert J. Gordon (1940) American economist

Robert J. Gordon, Are Procyclical Productivity Fluctuations a Figment of Measurement Error? (1992).

Business

“A battle goes on in the stock market and the tape is your telescope. You can depend upon it seven out of ten cases.”

Edwin Lefèvre book Reminiscences of a Stock Operator

Source: Reminiscences of a Stock Operator (1923), Chapter I, p. 2

Dependency

“Myth: There’s conflict between selfish free markets and a benevolent world of human sympathy.”

Ted Malloch (1952) American businessman

Source: Doing Virtuous Business (Thomas Nelson, 2011), p. 10.

World , Selfishness

“[T]he litigation between Qualcomm and Apple/Intel … is weird. What makes it weird is that Intel appears to think that by helping Apple drive down Qualcomm prices, it will gain an advantage, but since its only value is as a lower cost, lower performing, alternative to Qualcomm's modems, the result would be more aggressively priced better alternatives to Intel's offerings from Qualcomm/Broadcom, wiping Intel out of the market. On paper, this is a lose/lose for Intel and even for Apple. The lower prices would flow to Apple competitors as well, lowering the price of competing phones. So, Apple would not get a lasting benefit either.”

Rob Enderle (1954) American financial analyst

Broadcom/Qualcomm Merger: A Train Wreck in Slow Motion http://itbusinessedge.com/blogs/unfiltered-opinion/broadcomqualcomm-merger-a-train-wreck-in-slow-motion.html in IT Business Edge (1 March 2018)

Thinking , Appearance , Help